What is an example of a contingency contract?

Contingent contracts, like contingencies themselves, cannot occur unless a certain condition is met. For instance, the sale of a home cannot take place without a prior home inspection, and an aircraft cannot leave the hangar without a thorough walk-around inspection by the pilot.

What is a contingent condition in a contract?

Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.

What is a contingent contract with example?

31. A contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen. A contracts to pay B Taka 10,000 if B's house is burnt. This is a contingent contract.

What is an example of a contingent contract?

Hence this is a contingent contract. The event must not be influenced only by the will or wish of the promisor. Example: X promises to pay a certain sum to Y if Y leaves for Delhi on 1st June. Going to Delhi is Y's will but is not an event completely dependent on his will.

How to write a contingent contract?

In summary, contingent contracts can be valuable tools for managing risk and uncertainty in various business and legal contexts. Contingency clauses help parties find common ground when they have divergent future expectations.

What are the disadvantages of a contingent contract?

Disadvantages of Contingent Contracts: Parties may need to seek legal advice or engage in lengthy negotiations to establish clear terms. Increased Costs: The inclusion of contingencies in contracts may result in additional costs or financial implications.

What is an example of a contingency contract?

Success recipe for crafting contingent contracts Set the dependence of the contract performance. Agree on the event that triggers the enforcement of the contract. Take into account the conditions for voiding the contract. Set time frames. Set clear measurement criteria.

Electronic Signature
Features
Contract Templates
Sign Contingent Contract Example

Instantly Sign Contingent Contract Example Online

airSlate SignNow offers a quick and affordable way to sign contingent contract example from any place. Accelerate paperwork approval workflows and finalize deals in minutes instead of days with our user-friendly and affordable solution.

Sign documents online

Learn more

Collect payments & signatures

Learn more

Add wet ink signature online

Learn more

Sign documents on iPhone or iPad

Learn more

Award-winning eSignature solution

Move your business forward with the airSlate SignNow eSignature solution

Create your signature in seconds on any desktop computer or mobile device, even while offline. Type, draw, or upload an image of your signature.

Deliver a seamless eSignature experience from any website, CRM, or custom app — anywhere and anytime.

Organize multiple documents in groups and automatically route them for recipients in a role-based order.

Collect signatures faster by sharing your documents with multiple recipients via a link — no need to add recipient email addresses.

Create unlimited templates of your most-used documents. Make your templates easy to complete by adding customizable fillable fields.

Create teams within airSlate SignNow to securely collaborate on documents and templates. Send the approved version to every signer.

See airSlate SignNow eSignatures in action

Create secure and intuitive eSignature workflows on any device, track the status of documents right in your account, build online fillable forms – all within a single solution.

Try airSlate SignNow with a sample document

Complete a sample document online. Experience airSlate SignNow's intuitive interface and easy-to-use tools
in action. Open a sample document to add a signature, date, text, upload attachments, and test other useful functionality.

sample

Checkboxes and radio buttons

Try a sample document

sample

Request an attachment

Try a sample document

sample

Set up data validation

Try a sample document

airSlate SignNow solutions for better efficiency

Keep contracts protected

Enhance your document security and keep contracts safe from unauthorized access with dual-factor authentication options. Ask your recipients to prove their identity before opening a contract to sign contingent contract example.

Stay mobile while eSigning

Install the airSlate SignNow app on your iOS or Android device and close deals from anywhere, 24/7. Work with forms and contracts even offline and sign contingent contract example later when your internet connection is restored.

Integrate eSignatures into your business apps

Incorporate airSlate SignNow into your business applications to quickly sign contingent contract example without switching between windows and tabs. Benefit from airSlate SignNow integrations to save time and effort while eSigning forms in just a few clicks.

Generate fillable forms with smart fields

Update any document with fillable fields, make them required or optional, or add conditions for them to appear. Make sure signers complete your form correctly by assigning roles to fields.

Close deals and get paid promptly

Collect documents from clients and partners in minutes instead of weeks. Ask your signers to sign contingent contract example and include a charge request field to your sample to automatically collect payments during the contract signing.

Collect signatures

24x

faster

Reduce costs by

$30

per document

Save up to

40h

per employee / month

Our user reviews speak for themselves

Kodi-Marie Evans

Director of NetSuite Operations at Xerox

airSlate SignNow provides us with the flexibility needed to get the right signatures on the right documents, in the right formats, based on our integration with NetSuite.

Check 5000+ reviews

Samantha Jo

Enterprise Client Partner at Yelp

airSlate SignNow has made life easier for me. It has been huge to have the ability to sign contracts on-the-go! It is now less stressful to get things done efficiently and promptly.

Check 5000+ reviews

Megan Bond

Digital marketing management at Electrolux

This software has added to our business value. I have got rid of the repetitive tasks. I am capable of creating the mobile native web forms. Now I can easily make payment contracts through a fair channel and their management is very easy.

Check 5000+ reviews

be ready to get more

Why choose airSlate SignNow

Free 7-day trial. Choose the plan you need and try it risk-free.
Honest pricing for full-featured plans. airSlate SignNow offers subscription plans with no overages or hidden fees at renewal.
Enterprise-grade security. airSlate SignNow helps you comply with global security standards.

Start free trial

How to execute a contingent contract example and complete the agreement promptly.

Quickly concluding transactions safely is crucial for organizations of every scale, having a direct impact on income and expediting processes. Digital signing is an efficient method to optimize workflows while safeguarding confidential documents. When it’s time to execute a contingent contract example, choose airSlate SignNow. This user-friendly, cost-effective platform adheres to all industry regulations, ensuring maximum protection and legal validity of digital signatures so you can approve your documents easily and without procrastination.

Follow these steps to prepare and execute a contingent contract example with airSlate SignNow:

Sign in to your account. If you’re unfamiliar with our service, establish an account and take advantage of the 7-day free trial.
Hit +Create and upload a document from your device, cloud storage, secure link, or our Form Library.
Add fillable fields for each party to enter relevant contract details and assign them to the respective signatories.
Click My Signature -> Add New Signature and sign the document on your end with a typed or drawn legally binding signature.
Insert Date and Time, Initials, and Signature fields for other participants to validate your paperwork.
Click Continue to send safe eSigning invitations and request payments from your recipients after the document’s completion.

airSlate SignNow streamlines the signing procedure, providing efficiency and management over your documents. Discover the benefits of smooth, scalable digital contract management with no hidden fees. Register for a free trial now and empower your organization with innovative eSignature solutions!

How it works

Access the cloud from any device and upload a file

Edit & eSign it remotely

Forward the executed form to your recipient

airSlate SignNow features that users love

Speed up your paper-based processes with an easy-to-use eSignature solution.

Edit PDFs
online

Generate templates of your most used documents for signing and completion.

Learn more

Create a signing link

Share a document via a link without the need to add recipient emails.

Learn more

Assign roles to signers

Organize complex signing workflows by adding multiple signers and assigning roles.

Learn more

Create a document template

Create teams to collaborate on documents and templates in real time.

Learn more

Add Signature fields

Get accurate signatures exactly where you need them using signature fields.

Learn more

Archive documents in bulk

Save time by archiving multiple documents at once.

Learn more

Connect airSlate SignNow to your apps

Check out airSlate SignNow integrations

Data accuracy, security, and compliance

airSlate SignNow is committed to protecting your sensitive information by complying with global industry-specific

Learn more about security

be ready to get more

Get legally-binding signatures now!

Start your free trial

FAQs

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

What active users are saying — sign contingent contract example

Get access to airSlate SignNow’s reviews, our customers’ advice, and their stories. Hear from real users and what they say about features for generating and signing docs.

Easy and Intuitive!!!

5

User in Banking

What do you like best?

It's very easy to navigate (and find) the various functions. I like the options provided, especially downloading a signed document and the signing history in one document. I also like the pricing for the entry-level services - very competitive compared to your competition.

Read full review

Easy to use

5

User in Computer Software

What do you like best?

It's very user friendly. I can set up a document in minutes! Super easy to share the sign link and it really helps getting a contract signed.

Read full review

Easy to use and very competitively priced.

5

Juan Rojas

What do you like best?

Everything is pretty intuitive. If you're familiar with other solutions this is easy to pick up.